Competitive Framework for Alaska: 2012

BOE complications An important drawback of ACES is the BOE problem. This means that in case major oil companies would propose a new Alaska LNG export project to the Pacific, the entire fiscal system has to be revised again. This is an unnecessary obstacle to the introduction of a new gas project. It is therefore essential that in any revision of ACES this problem is also dealt with in advance. This would permit to add gas terms to the package later (or immediately) without having to change oil terms again. 74

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